Industry News

Xometry Raises $50M in Latest Funding Round

Xometry, an on-demand manufacturing marketplace, has raised $50 million in equity funding, led by Greenspring Associates. Also participating in the round: Dell Technologies Capital, along with its strategic investors BMW i Ventures, Foundry Group, GE Ventures, Highland Capital Partners, Maryland Venture Fund and Almaz Capital.

Xometry, which has raised a total of $113 million to date, connects customers with manufacturing solutions through proprietary algorithms. Its nationwide network of more than 3000 manufacturing partners represent a range of capabilities, including 3D printing, CNC machining, metal fabricating, injection molding, die casting, stamping, extrusion and urethane casting. Customers include BMW, Dell Technologies, General Electric and NASA.